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All of this is noise. What about the commercial samples, to the DFS timeline update (or the DFS itself), the EIA, those consultants we keep hiring and throwing money at, most recently at New Year. What about that inking?
These things are happening around us, as they always have been. Lithium was positive for a decade. So, where are we at?
BCN is a UK legal entity and they must disclose significant holders (i.e. Ganfeng, the Chinese entity). They have just made the necessary reports to clarify that they don't hold and BCN did their part now.
Well, it means exactly that. No significant holders of the company. In case it a private company, to this likely means that it's owned and controlled by a small group of individuals. Technically, given the context, we're probably seeing the winding up of BCN.
HappyLIUK, I briefly (couple years at most, a moment in EMH time) held Pilbara, Ioneer, Neo Lithium, BCN. More than one earned me a few bags, neither companies had similar problems with lack of meaningful problems. I mean, EMH originally aimed to produce in 2019 or so? We don't even have a DFS or non binding offtake. These are somehow always next year. There, happy?
Except if you own some of the other lithium companies, because then it's apparently a shorter play :)
Where's the newsflow aiming at keeping the market informed and engaged, getting us closer to fair price, making takeover bids working for the shareholders or placements less diluting, should it be necessary to fund our share of the capex not covered by grants or debts. Wtf is KC doing and why, hm?
We're about to enter the last month of the first quarter. I don't hold my breath for that Ann about 'commercial samples been sent to prospective offtakers', because this is not the first year that was promised to happen in Q1.
I mostly just offered you some "overly negative signs". I'm concerned that nobody else knows more or less than me here as you put it, yet I see a lot of conviction of something very positive coming "imminently". I hate the senseless sell offs that often follow on the news and reality check.
Well, after AMLO's radical move came months of unfriendly communication and ambiguity, followed by US, CA and MX photo ops, friendly patting on the back and winks regarding Sonora, which for which the concessions happen to be owned by a Chinese mining giant. They speak about hand over of concessions and signing of 'decree' - not contact. In my opinion, a likely scenario is that they'll happily crucify Ganfeng and won't even notice that we're around - negligible collateral.